The "Fight or Flight" response The flight or fight response‚ also called the "acute stress response" was first described by Walter Cannon in the 1920s as a theory that animals react to threats with a general discharge of the sympathetic nervous system.[4] [5] In response to acute stress‚ acetylcholine is released from preganglionic sympathetic nerves that innervate the chromaffin cells of the adrenal medulla. As a consequence‚ the chromaffin cells secrete the hormone epinephrine (adrenaline)
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Fight Club: Analysis of Novel and film Fight Club is a potent‚ diabolically sharp‚ and nerve chafing satire that was beautifully written by Chuck Palahniuk and adapted to the silver screen by David Fincher. A story masterfully brought together by mischief‚ mayhem‚ and ironically‚ soap. Fight Club is the definition of a cult classic because the issues dealt within the novel touched so close to home to the generation this novel was intended for‚ generation X. The novel was written in 1996 and quickly
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Terminal Lance First To Fight First To Fight is a book written by Lt. General Victor “Brute” Krulak. USMC (Ret.). He wrote the book as a means of expressing how and also why the Marine Corps has such an interesting reputation amongst the American populace. In part this book was inspired by the fact that Krulak was asked in a letter “Why does America need a Marine Corps?” In short this made him think on the matter and come to the conclusion that America does not need a Marine Corps but instead
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CHAPTER 23 Pure Competition A. Short-Answer‚ Essays‚ and Problems 1. How does pure competition differ from other basic market models? 2. What are some examples of the four different market structures? 3. What are four characteristics of pure competition? 4. How would you describe the demand curve for the purely competitive firm? For the industry? 5. What is the difference between average‚ total‚ and marginal revenue? What is the
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First to Fight by Leuitenant General Victor H. Krulak‚ was written in the post-Vietnam Unite States Marine Corps and at the height of the Cold War. Since 1984‚ the year the book was first published‚ the characteristics of war‚ the enemy‚ and the United States Marine Corps have changed a number of times. LtGen Krulak served in the United States Marine Corps in all major American conflicts from 1941 until 1968. LtGen Victor H. Krulak‚ who passed away on 29 December 2008‚ was a 1934 U.S. Naval Academy
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Competition in health care markets benefits consumers because it helps contain costs‚ improve quality‚ and encourage innovation. The Federal Trade Commission’s job as a law enforcer is to stop firms from engaging in anticompetitive conduct that harms consumers. The agency also provides guidance to market participants - including physicians and other health professionals‚ hospitals and other institutional providers‚ pharmaceutical companies and other sellers of health care products‚ and insurers -
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Should we aim for perfect competition? A perfect competition is characterized by many buyers and sellers interacting in such a way as to produce the highest possible quantity at the lowest price. If one of them produces more or less goods it has no effect on the market supply. This is because the buyers are prone to change from one supplier to the other as the products are homogeneous. Similarly‚ no individual firm exerts enough market power to influence the market price or else the demand for
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Monopolistic competition Monopolistic competition is a form of imperfect competition where many competing producers sell products that are differentiated from one another (that is‚ the products are substitutes‚ but‚ with differences such as branding‚ are not exactly alike). In monopolistic competition firms can behave like monopolies in the short-run‚ including using market power to generate profit. In the long-run‚ other firms enter the market and the benefits of differentiation decrease with
Free Economics Perfect competition Monopoly
hence substitutable for one another. Also called perfect market or pure competition. The single firm takes its price from the industry‚ and is‚ consequently‚ referred to as a price taker. The industry is composed of all firms in the industry and the market price is where market demand is equal to market supply. Each single firm must charge this price and cannot diverge from it. In the short run Under perfect competition‚ firms can make super-normal profits or losses. In the long run However
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Monopolistic Competition Monopolistic Competition is a market structure which combines elements of monopoly and competitive markets. Essentially a monopolistic competitive market is one with freedom of entry and exit‚ but firms are able to differentiate their products. Therefore‚ they have an inelastic demand curve and so they can set prices. However‚ because there is freedom of entry‚ supernormal profits will encourage more firms to enter the market leading to normal profits in the long term
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